• Pasta Dental@sh.itjust.works
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    4 hours ago

    There are so many reasons why this won’t happen lmao

    Qualcomm has about 70% of Intel’s revenue, and their valuation is only twice as much as Intels. There is no way they could get a loan equivalent to half of their net worth to acquire intel, a company that is having some financial difficulties. Then there are regulators that will very likely block this acquisition. But this rumor made the Intel stock price go up and I made money, so keep the rumors coming!

    • hamsterkill@lemmy.sdf.org
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      3 hours ago

      They don’t mention what the offer is. Very easily could be a stock-based deal where Intel stockholders get a portion of the combined company. That’s how T-Mobile bought Sprint.

  • sunzu2@thebrainbin.org
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    5 hours ago

    100 billion dollars spent buying back shares…

    Parasitic “leadership”, no accountability, endless state aid…

    Welcome to today’s corporate America

  • Wooki@lemmy.world
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    5 hours ago

    Good god no. Intel has a management & talent problem, that much has been evident for a long time.

    • GreenEngineering3475@lemmy.world
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      23 minutes ago

      This is never going to get regulatory approval. FTC will move to block the this acquisition.

      Qualcomm wasn’t allowed to buy ARM, no way it gets to buy Intel.

      Edit :I stand corrected.

      It was Nvidia trying to buy ARM.

      • hamsterkill@lemmy.sdf.org
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        29 minutes ago

        I don’t recall Qualcomm trying to buy ARM. That was Nvidia. (though, yes, it likely would also have been prevented if it had tried)

        But they’d probably have a better (but still slim) chance of getting a purchase of Intel through. That’d be a more horizontal acquisition than a vertical one as Qualcomm doesn’t make x86 chips so they can at least argue it wouldn’t be anti-competitive.

        • GreenEngineering3475@lemmy.world
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          18 minutes ago

          I don’t recall Qualcomm trying to buy ARM.

          Thanks for correcting me.

          That’d be a more horizontal acquisition than a vertical one as Qualcomm doesn’t make x86 chips so they can at least argue it wouldn’t be anti-competitive.

          Not sure if AMD and Nvidia, will see it that way, and they will probably lobby to stop the deal.